6,075 Shares in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Acquired by Cadence Bank

Cadence Bank bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the 3rd quarter, HoldingsChannel reports. The firm bought 6,075 shares of the company’s stock, valued at approximately $727,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Bogart Wealth LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 400.0% in the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after buying an additional 180 shares in the last quarter. Coston McIsaac & Partners grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% in the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after acquiring an additional 156 shares during the period. Richardson Financial Services Inc. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% in the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after acquiring an additional 252 shares during the period. Abich Financial Wealth Management LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2,264.3% during the first quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock valued at $38,000 after purchasing an additional 317 shares during the last quarter. Finally, Rothschild Investment LLC bought a new position in iShares 3-7 Year Treasury Bond ETF during the second quarter valued at approximately $38,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.3 %

NASDAQ:IEI opened at $116.86 on Thursday. The company has a 50 day simple moving average of $117.53 and a two-hundred day simple moving average of $117.07. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $113.16 and a 12 month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.3203 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.84 annualized dividend and a dividend yield of 3.29%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

About iShares 3-7 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).